Mishtann Foods Balance Sheet Health
Financial Health criteria checks 5/6
Mishtann Foods has a total shareholder equity of ₹8.0B and total debt of ₹42.9M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹8.5B and ₹545.1M respectively. Mishtann Foods's EBIT is ₹3.8B making its interest coverage ratio 129.6. It has cash and short-term investments of ₹2.3M.
Key information
0.5%
Debt to equity ratio
₹42.93m
Debt
| Interest coverage ratio | 129.6x |
| Cash | ₹2.34m |
| Equity | ₹7.95b |
| Total liabilities | ₹545.14m |
| Total assets | ₹8.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539594's short term assets (₹8.4B) exceed its short term liabilities (₹487.4M).
Long Term Liabilities: 539594's short term assets (₹8.4B) exceed its long term liabilities (₹57.8M).
Debt to Equity History and Analysis
Debt Level: 539594's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 539594's debt to equity ratio has reduced from 41.9% to 0.5% over the past 5 years.
Debt Coverage: 539594's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539594's interest payments on its debt are well covered by EBIT (129.6x coverage).